Overseas Trading: Global Stocks Mixed as Traders Eye Central Banks

Property developers led China's stock market higher, while weak price gains in the eurozone could force the ECB's hand

Dec 2, 2015 at 8:23 AM
facebook X logo linkedin


It was a mixed finish for stocks in Asia today. China's Shanghai Composite rallied 2.3% and Hong Kong's Hang Seng advanced 0.4%, with property developers leading the charge on expectations that Beijing will announce stimulus measures aimed at the housing market. Elsewhere, Japan's Nikkei lost its tenuous grip on the 20,000 level, ending down 0.4%, while South Korea's Kospi gave up 0.7% as blue chips backpedaled.

European markets are also on shaky ground, after a tepid reading on eurozone inflation suggested the European Central Bank (ECB) may be compelled to announce new stimulus measures at Thursday's meeting. At midday, London's FTSE 100 is up 0.4%, the French CAC 40 is off 0.3%, and Germany's DAX has dipped 0.4%.


Overseas markets 1202

 

Unlock Weekend Profits with Chris Prybal's Favorite Strategy Up +487.5% in 2024

With the markets going left, right, and sideways, you need to have a plan now more than ever. 

Expert Trader Chris Prybal is no stranger to volatility, and has mastered finding big stock rallies while other traders aren't looking over the weekend. Rallies that produced gains like +207% on RTX calls, +236% on MARA calls, and +238% on NET calls.

A few simple moves on Sunday at 7pm could be the “Secret Sauce” your portfolio needs to not just stay afloat, but make unprecedented gains in this turbulent market.


Don’t sit on the sidelines, beat the market with Chris Prybal's strategy. Join him now!